Income Tax Slabs FY 2023-24 rebate underneath new tax regime: Under the brand new tax regime, taxpayers with a internet taxable earnings of as much as Rs 7,00,000 are eligible for a rebate of as much as Rs 25,000. Furthermore, people whose internet taxable earnings surpasses Rs 7,00,000 can nonetheless avail marginal aid, offered that the extra earnings tax legal responsibility exceeds the incremental earnings above Rs 7,00,000. (AI picture)
